Permitted Activities. The primary activities of the trust created pursuant to this Agreement which shall be:
Permitted Activities. The primary activities of the Trust created pursuant to this Agreement which shall be: (i) holding Mortgage Loans transferred from the Depositor and other assets of the Trust Fund, including any credit enhancement and passive derivative financial instruments that pertain to beneficial interests issued or sold to parties other than the Depositor, its Affiliates, or its agents; (ii) issuing certificates and other interests in the assets of the Trust Fund; (iii) receiving collections on the Mortgage Loans and making payments on such certificates and interests in accordance with the terms of this Agreement; and (iv) engaging in other activities that are necessary or incidental to accomplish these limited purposes, which activities cannot be contrary to the status of the Trust Fund as a qualified special purpose entity under existing accounting literature.
Permitted Activities means the primary activities of the Trust, which are:
Examples of Permitted Activities in a sentence
The Trust is created for the object and purpose of engaging in the Permitted Activities.
Some sheriff courts will deal with cases from more than one local authority area.
The Issuing Entity is created for the object and purpose of engaging in the Permitted Activities.
The Owner Trustee will have the rights, powers and obligations in this Agreement and in the Delaware Statutory Trust Act for accomplishing the purposes of the Issuer and engaging in Permitted Activities.
Permittee and Customer shall each be responsible for Property Damage it sustains and for Bodily Injury or Property Damage sustained by its own employees, resulting from Permitted Activities, regardless of fault.
More Definitions of Permitted Activities
Permitted Activities has the meaning stated in Section 2.3(a) of the Trust Agreement.
Permitted Activities. The primary activities of the Trust Fund created pursuant to this Agreement which shall be:
Permitted Activities. The primary activities of the Issuing Entity created pursuant to this Agreement which shall be:
Permitted Activities means each of the activities described in Section 2 hereof.
Permitted Activities means (i) the asset management, investment management and financial services business or any business ancillary, complementary or reasonably related thereto and reasonable extensions thereof, (ii) the businesses conducted by the Company, the Operating Partnerships or their Affiliates as of the Issuance Date, and (iii) such other lines of business as may be consented to by the Holders’ Committee, in each of clauses (i), (ii) and (iii) only to the extent conducted by any of the Operating Partnerships and, subject to compliance with Section 3(b)(ii), an Operating Group Entity.
Permitted Activities has the meaning stated in Section 2.4(a).